Exclusive: Bank Leumi of Israel Blocks Payment to Bitcoin Exchange
Posted: Sat Dec 09, 2017 2:58 pm
Finance Magnates has learned that Bank Leumi, Israel’s second largest bank, is now blocking payments to Bitcoin exchanges.
A number of users have had their payments stopped already. One user informed us that he was notified that his credit payment to ‘Coinmama’, a Bitcoin purchasing service, was blocked by Bank Leumi, which claimed that the action was by order of the Bank of Israel. The payment was attempted via Leumi Card, Bank Leumi’s credit arm.
Coinmama allegedly a gambling site
The customer, who had previously made payments to Coinmama without issue, was informed by telephone that his latest payment was blocked because Coinmama ... (read more)